It's a sunny day for Google Cloud
AlphabetAlphabet(US:GOOG) TechCrunch·2024-04-25 20:56

Google Cloud, Google’s cloud computing division, had a blockbuster fiscal quarter, blowing past analysts’ expectations and sending Google parent company Alphabet’s stock soaring 13%+ in after-hours trading.Google Cloud revenue jumped 28% to $9.57 billion in Q1 2024, bolstered by the demand for generative AI tools that rely on cloud infrastructure, services and apps. That continues a positive trend for the division, which in the previous quarter (Q4 2023) notched year-on-year growth of 25.66%.Google Cloud’s ...